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Covid car buying habits lead to demand for new insurance products says Copart UK boss

By 2020-08-28T11:26:00

jane pocock copart 2

The coronavirus outbreak continues to alter the motor insurance market as policyholders’ driving behaviours, car purchase patterns and claims reflect changed road usage. Insurance Times gets the details from Copart UK’s managing director

The changes in policyholders’ driving behaviours and car buying habits as a result of the Covid-19 pandemic could lead to motor insurers needing to offer more short-term and multi car policies, says Jane Pocock, managing director at salvage and online vehicle auction organisation Copart UK. Here, Insurance Times takes a closer look at the factors driving this trend, as well as what is affecting claims severity in the motor market. 

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